WESCAP Management Group Inc. Takes $272,000 Position in Columbia EM Core ex-China ETF $XCEM

WESCAP Management Group Inc. purchased a new position in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) in the 2nd quarter, Holdings Channel reports. The firm purchased 7,947 shares of the company’s stock, valued at approximately $272,000.

Other hedge funds have also made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new position in Columbia EM Core ex-China ETF in the second quarter valued at about $45,000. Greykasell Wealth Strategies Inc. acquired a new stake in Columbia EM Core ex-China ETF during the first quarter valued at approximately $66,000. McIlrath & Eck LLC lifted its holdings in Columbia EM Core ex-China ETF by 378.4% during the 1st quarter. McIlrath & Eck LLC now owns 2,904 shares of the company’s stock worth $86,000 after buying an additional 2,297 shares during the last quarter. Armstrong Advisory Group Inc. bought a new position in Columbia EM Core ex-China ETF during the 2nd quarter worth approximately $87,000. Finally, Smithfield Trust Co boosted its holdings in Columbia EM Core ex-China ETF by 21.9% in the first quarter. Smithfield Trust Co now owns 5,575 shares of the company’s stock worth $166,000 after purchasing an additional 1,000 shares during the period.

Columbia EM Core ex-China ETF Stock Performance

Columbia EM Core ex-China ETF stock opened at $37.90 on Friday. Columbia EM Core ex-China ETF has a 1 year low of $26.44 and a 1 year high of $39.14. The firm’s 50-day moving average is $36.84 and its 200-day moving average is $34.45. The company has a market cap of $1.28 billion, a P/E ratio of 14.14 and a beta of 0.84.

About Columbia EM Core ex-China ETF

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.